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Component: SRD-FIN-COR
Component Name: FIN-Cost and Revenue
Description: A characteristic that provides information on the origin of costs and revenues as supplementary information to G/L account postings.
Key Concepts: A G/L account (General Ledger Account) is a financial account used to record and track the financial transactions of a company. It is used to record the origin of the transaction, such as revenue, expenses, assets, liabilities, and equity. How to use it: In SAP, G/L accounts are used in the component SRD-FIN-COR FIN-Cost and Revenue Accounting. This component allows users to create and manage G/L accounts for their company. The G/L accounts can be used to track the origin of financial transactions, such as revenue, expenses, assets, liabilities, and equity. Tips & Tricks: When creating G/L accounts in SAP, it is important to ensure that the accounts are properly configured and that all necessary information is included. This will help ensure that the financial transactions are accurately tracked and reported. Related Information: For more information on G/L accounts in SAP, please refer to the SAP Help Portal or contact your local SAP support team.